The tailor-made services include
Chinese-language forms and documents in some branches, establishment of
Chinese-speaking call center as well as a number of Renminbi-based transaction
services, which have been developed specifically to meet the needs of Chinese
investors in Thailand, Pipit Aneaknithi, executive vice president of the bank
told a press conference.
Thailand is a major investment
destination for Chinese businesses, as their direct investment from 2005 to
2011 surged at an average annual growth rate of 25.36 percent, according to
Pipit.
Chinese investors’ application
for investment incentive in Thailand reached 28.5 billion baht ($904.8 million)
in 2011, the second largest foreign applicants. Chinese investment in the country
focuses on construction, wholesale- retail, transportation, financial services,
property, machinery, rubber and chemical products.
The Kasikorn bank expects Chinese
investment in Thailand to accelerate over the coming three years, thanks to
China's overseas investment policy and the inception of the ASEAN Economic
Community in 2015.
Xinhua
Business & Investment Opportunities
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